Tag: merger

After almost six years, the time has come to turn the page. As of January 16 Bright Side of News* and VR World have merged. All of the content from BSN* has been preserved and will remain accessible on VR World. Expect the same great reviews and hard-hitting news from BSN* on VR World.

We’re not really sure what would possess someone to defend one of the most hated companies in America, but Forbes contributor Gene Marks went ahead and did just that. He claims not to be a shill of Comcast in any way shape or form (even though they’ve been shown to pay for positive pieces). They also recently cancelled a promotional event at a legislator’s house, the same legislator that proposed a bill in Kansas to block municipal broadband after the Kansas City Star contacted them about the event. Comcast has also made sure that their lobbying efforts are strong and effective as they’ve effectively got

In one of the most depressing rumor squashings I have ever had to personally experience, I am reporting to you today that Time Warner Cable’s rumored 300 Mbps, 200 Mbps services are not rolling out on July 7th. In fact, after speaking with Time Warner Cable’s representative for the San Diego area we got some even more depressing news. According to Bret Picciolo of Time Warner Cable, the company will not be rolling out their 300 and 200 Mbps services in the San Diego area. This is in spite of multiple CSRs indicating to myself and other people that such services would be available starting

Level 3 Communications has announced that they will be buying the former Time Warner Cable internet service for enterprise division (TW Telecom) for $5.6 billion ($7.3 billion with debt), further increasing their size and scope. Some news sites have made the mistake saying that Level 3 Communications is buying Time Warner Cable, which is simply not correct. TW Telecom was started as a joint venture between Time Warner Cable and US West which is now a part of Centurylink. However, TW Telecom has operated as an independent entity for quite some time and is publicly traded on the NASDAQ as TWTC. The deal is currently

Once again, the T-Mobile and Sprint deal continues to move forward now that we have an actual purchase price. The Wall Street Journal is reporting that the general terms of the deal between Sprint and T-Mobile have been worked out and that the two companies have agreed to a $32 billion sale of T-Mobile, which actually seems a bit low when you consider that T-Mobile’s current market cap is $27 billion and they are getting a mere 20% premium over their current price. This deal has gotten a lot of regulatory flak before it ever happened and will likely continue to as the two companies try

Since most people’s contracts are usually 2 years long, you don’t usually see any significant movements of subscribers from one carrier to another. They happen slowly and quarterly, after all, it would take at least 8 quarters for a company to theoretically lose all of their subscribers if every single person wanted to leave. So, it comes as little surprise that Sprint still holds the numbers 3 spot in terms of subscribers when compared to T-Mobile. Based on T-Mobile’s last earnings call, they ended the first quarter of this year up 2.4 million with nearly 50 million customers, coming ever closer to Sprint’s 54 million.